CENTRAL HUDSON GAS & ELECTRIC CORPORATION
Position Title: Manager – Energy Trading Risk
Job Number: 25175
Group: Secretary & Treasurer
Reports To: Treasurer
Job Family: Finance & Accounting
Date: December 31, 2002
Corporate Mission: “We will consistently exceed the expectations of our customers for the delivery of natural gas and electricity.”
Family Contribution / Finance & Accounting: In support of the Corporate Mission; Responsible for applying principles of accounting to analyze financial information and prepare financial reports. Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions. Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize current and projected company financial position. Audits contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement. May establish, modify, document, and coordinate implementation of accounting and accounting control procedures. May approve transactions and make recommendations to operating management regarding project progress. In addition to accounting functions, this job family includes budgeting, taxes and internal audit functions. Accounting for gas and electric energy as well as setting tariff rates for these services is also included. Risk Management activities are also part of this family.
Individual Contribution: In consultation with appropriate functional managers,
continuously monitor and evaluate the risk exposures of CH Energy Group and its
subsidiaries. Advise the Corporate Risk
Management Committee as to corporate risk exposures and options to manage
identified risks, including insurance, derivative instruments or other risk
management tools. Oversee
implementation of the decisions of the Corporate Risk Management Committee and
ensure adherence to its determinations, policies and procedures. Prepare the reports of the Corporate Risk
Management Committee to the Board of Directors.
Direct and supervise the activities of the Claims and Risk
Management division. Prepare
appropriate documentation of the Corporation’s risk management activities to
satisfy audit and financial reporting requirements. Maintain currency with emerging industry developments that could
affect CH Energy Group and with risk management instruments and approaches that
could be of value to CH Energy Group.